NOT LISTED FOR SALE

10101 Gary Rd Potomac, MD 20854

Estimated Value: $1,767,000 - $2,684,000

1.38 Acres
$1,642,328 Price per Acre
60,113 Sq Ft Lot

Sale Details

Date Sold: November 28, 2016

Last sale price $938,438 $459 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $13,993 / mo

386 Days on Market

Highlights

  • 1.38 Acre Lot
  • Premium Lot
  • No HOA
  • Potomac Elementary School Rated A
  • Backs to Trees or Woods
  • Cooling Available

About This Lot

As of November 2016

Price Reduced! Incredible opportunity to build your dream home on picturesque 1.39 acre lot within walking distance of Village. Exceptionally deep lot, surrounded by multi-million dollar homes. The home is a tear down being sold strictly "As Is". Public water hook-up available. Value is in the land.

Last Agent to Sell the Property

Delia McCormick

(202) 944-5000 info@wfp.com Washington Fine Properties, LLC License #510027 Listed on: 09/29/2015

Washington Fine Properties, LLC

Co-Listed By

John Gregory

(202) 944-5000 info@wfp.com Washington Fine Properties, LLC License #578132

Last Buyer's Agent

Pat Klug

(443) 292-6767 pat.klug@EVrealestate.com Engel & Völkers Annapolis License #534335

Engel & Völkers Annapolis

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,839

Lot Details

  • 1.38 Acre Lot
  • No Through Street
  • Premium Lot
  • Backs to Trees or Woods
  • No Building Permits
  • Property is zoned R200

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Potomac Hills Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 161000870037
  • $289 Front Foot Fee per year

Property Details

Property Type

Land

Est. Annual Taxes

$9,839

Lot Details

1.38 Acres

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 16.54

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Lot Features: Premium, No Thru Street, Backs To Trees
  • Lot Size Acres: 1.38
  • Lot Size Area: 60313
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 60313.00
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9838.73
  • Assessor Parcel Number: 161000870037
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Multi Family

  • Front Foot Fee: 289.19

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2015
Closed on
Nov 28, 2016
Sold by
Bought by
Seller's Agent
Delia McCormick
Washington Fine Properties, LLC
Buyer's Agent
Pat Klug
Engel & Völkers Annapolis
List Price
$1,195,000
Sold Price
$938,438
Premium/Discount to List
-$256,562
-21.47%
Current Estimated Value
$2,266,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,327,975
Avg. Annual Appreciation
9.72%
Original Mortgage
$1,100,000
Interest Rate
4.09%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$938,438 First Excel Title Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/28/2016 11/28/16 Sold $938,438 -21.5% $459 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
09/29/2015 09/29/15 For Sale $1,195,000 -- $584 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,595 $1,716,300 $591,100 $1,125,200
2024 $21,190 $1,716,300 $591,100 $1,125,200
2023 $20,476 $1,716,300 $591,100 $1,125,200
2022 $22,033 $1,934,800 $591,100 $1,343,700
2021 $21,887 $1,928,333 $0 $0
2020 $21,796 $1,921,867 $0 $0
2019 $21,698 $1,915,400 $591,100 $1,324,300
2018 $7,791 $591,100 $591,100 $0
2017 $9,285 $868,133 $0 $0
2016 -- $833,100 $0 $0
2015 $8,558 $825,433 $0 $0
2014 $8,558 $817,767 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Delia McCormick

    Seller's Agent in 2016

    Delia McCormick

    Washington Fine Properties, LLC

    (301) 977-7273

    12 in this area

    138 Total Sales

    Delia McCormick
    Section Image
  • John Gregory

    Seller Co-Listing Agent in 2016

    John Gregory

    Washington Fine Properties, LLC

    (202) 360-3455

    1 in this area

    16 Total Sales

    John Gregory
    Section Image
  • Pat Klug

    Buyer's Agent in 2016

    Pat Klug

    Engel & Völkers Annapolis

    (443) 286-3969

    7 Total Sales

    Pat Klug
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002378423

Bright MLS

APN: 10-00870037

Maryland Montgomery County Potomac 20854

10101 Gary Rd, Potomac, MD

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